Intrexon Corporation (NYSE:XON)’s share price traded up 7.8% during mid-day trading on Thursday . The stock traded as high as $14.09 and last traded at $13.34. 2,727,349 shares changed hands during trading, an increase of 139% from the average session volume of 1,141,586 shares. The stock had previously closed at $12.37.
Several equities analysts have recently issued reports on the stock. Northland Securities reaffirmed a “buy” rating and set a $21.00 price target on shares of Intrexon Corporation in a research note on Friday, November 10th. Bank of America Corporation dropped their price target on shares of Intrexon Corporation from $25.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, November 10th. Stifel Nicolaus raised their price target on shares of Intrexon Corporation from $39.00 to $57.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Intrexon Corporation from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. Finally, Griffin Securities reiterated a “buy” rating and set a $55.00 price objective on shares of Intrexon Corporation in a research report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $38.50.
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.85 and a current ratio of 2.05.
Intrexon Corporation Company Profile
Intrexon Corporation (Intrexon) forms collaborations to create biologically-based products and processes using synthetic biology. The Company’s domestic operations are in California, Florida, Maryland, and Virginia, and its primary international operations are in Belgium and Hungary. The Company designs, builds and regulates gene programs, which are deoxyribonucleic acid (DNA) sequences that consist of genetic components.
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